PIPEs have opened wide, using a quite-broad array of deal structures in deals involving Conseco, Eastman Kodak, and Office Depot, among other big targets. PIPE deals have changed in several quite material ways, not least among them a shift in both players and capital structure. LEARN MORE >
Rights issues continue to stoke equity markets, with new issuers like Ladbrokes and Yell pushing this number ever higher. Offerings already exceed Pounds Sterling 34 billion as of September 2009, and these issuances dwarf other forms of equity. LEARN MORE >
PE IPO Timing: Jumping in When the Tide is Out; Perception Is Reality: Board Members Resigning; Buy in Bulk: Securitized Financing Continues LEARN MORE >
While earnouts persistently permeate M&A deals, their terms are a-changin', sometimes quite drastically. Compare deals involving eBay, McAfee and rollup deals a-plenty to get a sense. LEARN MORE >
Investors appear to be betting that an economic recovery will rejuvenate the lagging airline industry. Over the past three weeks, Canada's first and second largest airlines, largest charter carrier and tour operator, and the world's largest independent provider of helicopter maintenance... LEARN MORE >
Gift giving helps trade claims to trade places, up-ending once-inviolable capital structures. Bearing such gifts are the Chapter 11 reorganization plans by the Journal Register and Herbst Gaming among others. LEARN MORE >
Buyouts are back, but high-flying leveraged buyouts aren't...yet. Following their Icarus-like comedowns, PE funds, among them Blackstone, TPG, and Clayton Dubilier & Rice, have recently seen transactions begin to take off. LEARN MORE >
Lenders, beware the temptation to foreclose. As warned by the likes of HSBC, BNP Paribas and even drugmaker Wyeth, the "long claws" of environmental laws can threaten real estate lenders and securitized bondholders alike. LEARN MORE >
New! Westlaw Business Currents now includes Reuters News. With Reuters' unmatched focus on global business and financial news, Westlaw Business Currents with Reuters will provide an insightful look at emerging legal trends and their impact on the day's top headlines giving you a competitive edge. LEARN MORE >
New! Islamic Finance Centre is the first source to integrate Islamic finance precedents, structures, standards, and guidance for lawyers. With terms and conditions for more than 6,000 Sharia compliant deals and standards from key organizations, Islamic Finance is optimized for the way you work. LEARN MORE >
New! Corporate Finance provides a cohesive solution to negotiate commercial loan agreements in this tighter credit environment. Key insights from LPC Goldsheets and others let you track company news for trends and potential issues giving you a competitive edge. LEARN MORE >
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